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Michigan Credit Union League

CU Collection Consortium Looks at Auto Loan Rules

The Credit Union Collection Consortium will have its next meeting on Wednesday, Feb. 11, from 2 p.m. to 4 p.m. at Community Financial CU, 500 S. Harvey St., Plymouth.

Attorneys Steve DeLuca and Chuck Holzman, both of Holzman Corkery, will speak. DeLuca will discuss vehicle impounds and abandoned vehicles. Holzman will discuss section 423 of the Credit Union Act, which pertains to loan conditions and repayment, a topic guaranteed to bring about a lot of discussion.

Any credit union offering auto loans should know its rights and responsibilities as a lienholder. Attendance is open to all credit union professionals and no reservations are required. Address questions to Peggy Dombrowski at (248) 322-9800, ext. 1300.

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2015-02-02 00:00:00